CSW Industrials grants CEO Joseph B. Armes 5,095 shares
Armes's performance rights are tied to relative shareholder-return results and may be settled in cash or shares at CSW's discretion.
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Form Type
4
Rhea-AI Filing Summary
CSW Industrials, Inc. Chairman, President & CEO Joseph B. Armes received a grant of 5,095 restricted common shares on October 1, 2026; the shares vest ratably over three years on each annual anniversary. On the same date, 2,248 shares were delivered or withheld for payment of exercise price or tax liability, with a reported price of $292.38 per share. The report also lists 19,685 restricted stock units and performance rights tied to common shares.
Insights
Analyzing...
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Armes Joseph B
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,095 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,248 | $292.38 | $657K |
| holding | Performance Rights F2 | -- | -- | -- |
| holding | Performance Rights F3 | -- | -- | -- |
| holding | Performance Rights F4 | -- | -- | -- |
| holding | Performance Rights F5 | -- | -- | -- |
| holding | Restricted Stock Units F6 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 65,583 shares (Direct);
Performance Rights — 35,262 contracts (Direct);
Restricted Stock Units — 19,685 contracts (Direct);
Common Stock — 3,219 shares (Indirect, by ESOP)
Footnotes (6)
- F1. Represents shares of restricted common stock granted to the reporting person pursuant to the issuer's 2024 Equity and Incentive Compensation Plan. The shares vest ratably over a three-year period on each annual anniversary of the grant.
- F2. Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 250% during a three-year performance cycle beginning on April 1, 2026 and ending on March 31, 2029 based on the issuer's relative total shareholder return in comparison to the total shareholder return performance among the Russell 2000 Index over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.
- F3. Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% during a three-year performance cycle beginning on April 1, 2025, and ending on March 31, 2028, based on the issuer's relative total shareholder return in comparison to the total shareholder return performance among the Russell 2000 Index over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.
- F4. Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% during a three-year performance cycle beginning on April 1, 2024, and ending on March 31, 2027, based on the issuer's relative total shareholder return in comparison to the total shareholder return performance among the Russell 2000 Index over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.
- F5. Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200%, during a performance cycle beginning April 1, 2021 and ending on March 31, 2027 based on the issuer's relative total shareholder return in comparison to the total shareholder return performance among the Russell 2000 Index over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.
- F6. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock at vesting. 40% of the restricted stock units vest no earlier than April 26, 2025 upon the successful recruitment and hiring of a successor Chief Executive Officer; the remaining 60% vest upon the successful first employment anniversary of a successor Chief Executive Officer.
Key Figures
Restricted common shares granted: 5,095 shares
Shares delivered or withheld: 2,248 shares
Reported per-share price: $292.38 per share
+3 more
6 metrics
Restricted common shares granted
5,095 shares
Grant reported October 1, 2026
Shares delivered or withheld
2,248 shares
For payment of exercise price or tax liability on October 1, 2026
Reported per-share price
$292.38 per share
Associated with the 2,248 shares reported October 1, 2026
Underlying common shares for four performance-right awards
9,836; 8,004; 8,236; and 9,186 shares
Performance-right holdings reported October 1, 2026
Restricted stock units
19,685 units
Direct holding reported October 1, 2026
Common shares held indirectly by ESOP
3,219 shares
Indirect holding reported October 1, 2026
Key Terms
Performance rights, Restricted stock units, relative total shareholder return, performance cycle
4 terms
Performance rights financial
"Each performance right represents a contingent right"
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
Restricted stock units financial
"Each restricted stock unit represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance cycle financial
"during a three-year performance cycle"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What terms apply to Joseph B. Armes's CSW performance rights?
The report lists performance-right awards tied to 9,836, 8,004, 8,236 and 9,186 underlying common shares. Each right represents a contingent right to receive a common share at vesting, and the awards may be settled, at CSW's discretion, in cash or common shares based on relative total shareholder return compared with the Russell 2000 Index.
What are the vesting conditions for Joseph B. Armes's CSW restricted stock units?
The report lists 19,685 restricted stock units. Forty percent vest no earlier than April 26, 2025, upon the successful recruitment and hiring of a successor Chief Executive Officer; the remaining 60% vest upon the successor's successful first employment anniversary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
